According to a new report from Taiwan-based publication China Times, Apple is on track to launch the iPhone 5 sometime between September 6 and September 15. Apple’s manufacturing partners, including Foxconn, are currently building an initial run of about 400,000 units, and are expected to build 3.6 million more until the device launches. While the new China Times report is in line with Digitimes when it comes to launch date, the two publications differ on the number of devices ready for launch, as Digitimes believes Apple is planning for as much as 15 million devices shipped in September. Nevertheless, it is now clear that the iPhone 5 will hit store shelves soon – so if you’re in the market for a new iPhone, refrain from buying it until then. The iPhone 5 is expected to sport the same A5 processor found in the iPad 2, and its camera will be able to take pictures of up to 8 megapixels – in comparison, the iPhone 4 features the A4 processor introduced with the original iPad, as well as a 5-megapixel camera. The iPhone 5 allegedly entered the final stage of its design phase a couple of months ago. The device will come pre-loaded with iOS 5, and should offer a slew of improvements, such as a vastly improved notifications system, Twitter integration, better Safari and Mail apps, the new iMessage service, iCloud integration, improved multitasking, and better overall responsiveness. As for the iPad, China Times believes that the third generation of the device should be released this year as well, albeit later than the iPhone 5: according to the paper, the tablet is expected to hit store shelves around Thanksgiving, about 7 months after the launch of the iPad 2. Unsurprisingly, China Times confirms that the device is expected to sport a new retina display with a resolution of 2048×1536, exactly four times as many pixels as the 1024×768 screen featured in the first and second generation iPad. According to earlier reports, the new display is currently being tested by Apple, LG and Samsung.